Financial Services Vocabulary

2. company engaged in the business of dealing with financial and monetary transactions
6. money given away in exchange for the same amount back, plus interest
8. a card that lets it's owner spend money from their checking account without writing a check
10. savings product that earns interest on a lump sum for some time
13. bill of exchange that guarantees a certain amount money
14. amount of money in account before pending charges
15. deposit account that allows withdrawls and deposits
16. a card that allows it's owner to borrow funds within a preset amount

1. completed agreement where buyer and seller exchange goods/services/assets in return for money
3. secured container to hold valuables that is typically insured
4. interest-bearing deposit account held at a bank
5. organization entity engaged in commercial/industrial/professional activities
7. institution that deals in money and provides money related services
9. specialized computer that completes bank transactions
11. normal banking, but all actions are made online
12. the process/system that products/services are made sold and bought
16. accepts deposits, makes loans, all for a reasonable rate